Qatar Airways Group intends to acquire a minority 25% equity stake in Virgin Australia from Bain Capital subject to approvals

Qatar Airways is bidding to take a 25 percent stake in Virgin Australia, where Qatar would take a minority stake in the airlines.

Qatar Airways has announced plans to buy a 25% minority stake in Virgin Australia from its owner, US private equity firm Bain Capital.Author

Qatar Airways will buy a 25 per cent stake in Virgin Australia after an agreement was reached between the Australian airline's owner, Bain Capital, and the Gulf carrier.

Qatar Airways will buy a 25% stake in Virgin Australia from U.S. private equity firm Bain Capital, posing a tougher contest for Qantas Airways that has dominated Australian routes and pushed back against giving access to the Middle Eastern carrier.

Qatar Airways' investment is expected to intensify competition in Australia’s aviation sector, providing travellers with more choices and lower fares.

Qatar Airways has entered into an agreement to purchase a 25% stake in Virgin Australia from owner Bain Capital for an undisclosed amount.

Qatar Airways has reached a deal to buy a minority stake in Australia's second-largest airline, Virgin Australia.

Virgin Australia can now launch flights from Brisbane, Melbourne, Perth, and Sydney to Doha, connecting seamlessly into Qatar Airways’ global network.

Qatar Airways Group has agreed to acquire a minority equity stake (25%) in Virgin Australia (from owner, Bain Capital) in a move that will give the Gulf carrier additional capacity into the lucrative Australian market.

(Reuters) -Qatar Airways plans to buy a 25% stake in Australia's No. 2 airline Virgin Australia from U.S. private equity firm Bain Capital, the companies said in a joint statement on Tuesday. The purchase of the minority stake for an undisclosed amount will serve as a cornerstone investment ahead of an anticipated return of Virgin Australia into public ownership,